Continuation of the Dollar Price Increase in the Free Market

Continued growth of the dollar price in the free market

While the discovered rate for each dollar banknote in the country’s currency and gold exchange center was recorded in the middle range of the 41,000 tomans price channel, the mentioned currency rate advanced in Tehran’s free market. Currency analysts considered one of the reasons for the indifference of the free dollar to the new rate introduced by the central bank to be the complicated process of accessing official currency and the reduction in supply volume in the market. In these conditions, official transactions no longer have the ability to respond to the bulk of the market’s small demands, and individuals are forced to engage in unofficial transactions for buying and selling. As a result, with the increase in the volume of unofficial currency demand, the exchange rate in such transactions will again experience growth.